1523 Highway 22Wewahitchka, FL 32465

Property Details for 1523 Highway 22

Year built

1970

Construction

CONCRETE BLOCKS

Lot size

3.54 AC

Property size (Sq ft)

1,846 SF

Property type

Retail space

APN

01779-000R

APU

01779000R

Description

This exceptional 1.34-acre commercial property presents a remarkable opportunity for entrepreneurs seeking high visibility and convenient access. Strategically located on Highway 22 in Wewahitchka, Florida, this lot boasts optimal exposure to a significant volume of daily traffic, ensuring maximum brand awareness and customer reach. The flexible zoning regulations permit a diverse range of business ventures, providing flexibility for various commercial applications. Imagine establishing your dream business in this prime location, capitalizing on the high traffic count and excellent visibility. The property's size allows for ample space for building construction, parking, and potential future expansion. Further enhancing its appeal, an additional 2.20 acres of land is available across Highway 22, offering the potential for significant expansion or complementary business development. This presents a unique chance to acquire a substantial commercial footprint in a thriving area. The asking price of $250,000 represents an attractive investment in a high-demand location with significant growth potential. Don't miss this chance to secure a prime commercial property in a desirable location. Contact us today to learn more and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $496,797

  6.5%

  $458,582

  7%

  $425,826

• Comparable approach

  Method

  Valuation

  Relative Method

  $330,705

  Geo Method

  $330,705

• Alternative Use

  Use

  Valuation

  Residential

  $386,831

  Hospitality

  $354,335

  Educational

  $294,802

  Medical

  $304,941

  Retail

  $458,582

Location Insight

City

Wewahitchka

County

Gulf

State

Florida

Latitude

30.1248

Longitude

-85.221

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

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Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

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